Strs Ohio Sells 2,700 Shares of JBG SMITH Properties (NYSE:JBGS)

Strs Ohio decreased its position in shares of JBG SMITH Properties (NYSE:JBGS) by 11.5% in the 4th quarter, HoldingsChannel reports. The fund owned 20,700 shares of the company’s stock after selling 2,700 shares during the period. Strs Ohio’s holdings in JBG SMITH Properties were worth $352,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its holdings in shares of JBG SMITH Properties by 272.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 6,807 shares of the company’s stock valued at $98,000 after acquiring an additional 4,981 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of JBG SMITH Properties during the fourth quarter valued at approximately $171,000. Bfsg LLC bought a new stake in shares of JBG SMITH Properties during the third quarter valued at approximately $177,000. Van ECK Associates Corp boosted its position in shares of JBG SMITH Properties by 9.4% during the third quarter. Van ECK Associates Corp now owns 13,736 shares of the company’s stock valued at $199,000 after buying an additional 1,184 shares during the last quarter. Finally, Carmel Capital Partners LLC grew its holdings in JBG SMITH Properties by 113.2% during the third quarter. Carmel Capital Partners LLC now owns 16,858 shares of the company’s stock worth $244,000 after buying an additional 8,950 shares in the last quarter. Institutional investors own 98.46% of the company’s stock.

Analyst Ratings Changes

Separately, Evercore ISI decreased their price target on JBG SMITH Properties from $16.00 to $14.50 and set an “underperform” rating for the company in a report on Wednesday, April 10th.

JBG SMITH Properties Trading Up 2.2 %

Shares of JBG SMITH Properties stock opened at $15.46 on Tuesday. The stock has a fifty day simple moving average of $16.05 and a 200 day simple moving average of $15.66. JBG SMITH Properties has a 12-month low of $12.63 and a 12-month high of $18.17. The company has a market capitalization of $1.42 billion, a P/E ratio of -18.40 and a beta of 1.07. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 1.14.

JBG SMITH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Friday, May 10th will be issued a dividend of $0.175 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.70 annualized dividend and a yield of 4.53%. JBG SMITH Properties’s dividend payout ratio (DPR) is currently -83.33%.

JBG SMITH Properties Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.